Moneycontrol Be a Pro
Get App
Last Updated : Jan 01, 2019 12:17 PM IST | Source: Moneycontrol.com

Kolte-Patil Developers climbs 13% after CRISIL revised long term outlook to positive

The rating agency revised its outlook on debt instruments to positive from stable earlier.

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Kolte-Patil Developers shares surged 13.5 percent intraday Tuesday after rating agency CRISIL revised long term outlook on company's bank loan facilities.

The Pune-based real estate company informed exchanges on Monday that CRISIL reaffirmed its long term rating on company's bank loan facilities of Rs 600 crore (enhanced from Rs 300 crore earlier) at A+.

The rating agency revised its outlook on debt instruments to positive from stable earlier.

Close
At 11:55 hours IST, the stock was quoting at Rs 265.50, up Rs 26.00, or 10.86 percent on the BSE.

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.
First Published on Jan 1, 2019 12:17 pm
Loading...
Sections
Follow us on
Available On
Trusted By 1cr Families
Medlife Health Comes Home